Baozi is up 5.25% to buy 15.52 HK $

Source: Internet
Author: User
Bao Posture (00589-HK) is now up 5.25%, a report of 14.04 Hong Kong dollars, 4.3475 million shares, the stock is currently running a big city, the index rose 2.69%. Deutsche Bank raised its rating to buy, while also raising its target price by a hefty 63% to HK $15.52. The line refers to the beginning of the year, the company's sales were better than expected, so it raised its earnings forecasts for 10 and 11 by 21% and 26% to RMB 0.94 and 1.08, and also the Baozi dividend rate to 60% normal levels, and it was estimated that it would be possible to distribute special dividends in the first half of 09, Compensation for non dividend payment in the second half of 08.

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